LONDON, Jan 5 (Reuters) - British clothing retailer Next said on Tuesday its sales performance in the run-up to Christmas was disappointing, blaming unusually warm weather in November and December, poor stock availability and increased online competition. The firm said Next brand full pric
Read more(ShareCast News) - In its much anticipated post-Christmas trading update, Next revealed sales were below expectations but said profits were within the range of guidance after the clothing retailer held back from discounting until Boxing Day. With the mild weather "mainly" to blame, full price ret
Read more(ShareCast News) - Hedge funds are sharpening their claws ahead of what they hope will be a raft of poor Christmas trading updates from several of the main High Street retailers next week. Their expectation is that a profit warning from Game Digital the day before Christmas Eve and another from Bonm
Read more** Next and Marks & Spencer continue to see share price weakness into the Christmas break, with brokers painting a gloomy picture for festive sales ** Nomura cuts price targets on both stocks, pointing to poor November sales data ** Adds adverse weather likely to impact FY EPS *
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